SOFAS & STUFF LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -3.5%

  £25,959,848 → £25,043,875

• Cash

  +19.1%

  £1,065,768 → £1,269,340

• Net assets

  +6%

  £3,662,350 → £3,883,028

• Employees

  +4.1%

  195 → 203

• Operating profit

  -63.2%

  £966,337 → £355,537

• Profit before tax

  -59%

  £909,581 → £372,510

• Wages

  +5.1%

  £7,494,441 → £7,879,700

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Group has made a profit of £285,678 for the year ended 31 December 2024 (2023: profit of £676,487) and is in a net asset position of £3,883,028 (2023: £3,662,350). The directors have reviewed the Group's forecast and projections for 2025 including assumptions concerning forecast sales, capital expenditure and expenditure commitments and their impact on cash flows, and have a reasonable expectation that the Group has adequate financial resources to continue its operations for the foreseeable future. The Directors are closely monitoring the impact of the cost of living crisis on the Group's performance and its ability to continue as a going concern. To date, indicators are that performance be strong and with the measures that management have put in place the Directors judge that the Group will continue to operate as a going concern.”

Group structure

1. SOFAS & STUFF LIMITED · parent
   1. Sofa Partners (Gloucestershire) Ltd 100% · England and Wales
   2. Sofa Partners (Hampshire) Limited 50% · England and Wales
   3. Sofa Partners (Hertfordshire) Ltd 100% · England and Wales
   4. Sofa Partners (Kent) Ltd 50% · England and Wales
   5. Sofa Partners (Lancashire) Limited 100% · England and Wales
   6. Sofa Partners (Lothian) Ltd 100% · England and Wales
   7. Sofa Partners (Redbrick) Ltd 50% · England and Wales
   8. Sofa Partners (Yorkshire) Ltd 50% · England and Wales
   9. Sofa Partners Limited 50% · England and Wales

Significant events

• “2024 in many respects was an outlier year for Sofas & Stuff, profits wise, coming as it did during the slow down in consumer spending and coinciding with the final year of substantial losses in our recently set up manufacturing division.”
• “This year saw the opening of two very important, but different types of store, for the group. The Kings Road flagship store opened in the spring, bringing our unique "Choice not Compromise" offer to central London for the first time.”
• “The second store in Bruton in Somerset, saw the group experimenting with a far smaller store footprint.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.